Rabu, 28 Juni 2023

China AI Chip Ban Dings NVDA

 
   
     
   
 
JUNE 28 2023
 
   
JEFFRY TURNMIRE’S MARKET MONSTER
Is The China AI Chip Ban Affecting NVDA?
 
 
 

The White House minions have made a move to slow down China's progress toward dominating AI.  The new proposal would attempt to limit access to the semiconductors that power AI. Is this what’s causing NVDA to drop? (hint: no)

Plus, Jeffry looks at today’s movers and losers — and warns us that the “news doesn’t make the charts.”

 
JEFFRY TURNMIRE
Surfing vs Selling Snacks
 

Let's talk about something that even some experienced traders have trouble with: the significant differences between income trades and directional trades in the stock market. These are two different strategies, and understanding them can be a game-changer for you.

Directional trading is what most people think of when they talk about trading. You buy low, sell high, right? As traders, that’s what we try to do most of the time.

You predict a stock's direction — up or down — and make your moves strategically. If your prediction is correct, you make money. But if it's not, well, you're out of luck.

Income trading, on the other hand, is a different ballgame. It's not about predicting which way a stock will go, but more about taking advantage of the volatility, or the ups and downs of a stock's price.

You're not as concerned with the stock's direction as you are with how it behaves.

Here's an analogy for you. Imagine you're at the beach. Directional trading is like surfing; you're trying to ride the wave in the right direction.

Income trading, however, is more like setting up a concession stand on the beach. You're not trying to predict which way the waves will go. Instead, you're setting up shop to get money from the surfers no matter what the waves do — whether they're calm or choppy.

So, my friends, if you're tired of trying to guess the market's next move, income trading might be the strategy you've been searching for.

And one of the most successful income traders I know has a brand new strategy he’s sharing with me today.

His strategy is based on a list of highly-researched stocks that have gone up every year on the same date for at least 10 years in a row.

In just a few hours, we’re going LIVE today at 1pm Eastern — and we’d love for you to join us. Just click here to save your spot.

Hope to see you there,

— Jeffry Turnmire
   
 

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